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Medvedev to come for SCO summit in Astana Russia’s President Dmitry Medvedev will take part in the Anniversary meeting of the Council of Heads of the SCO member-states in Astana.

13 June 2011

Kazakhstan’s President Nursultan Nazarbayev meets Russia’s metal tycoon Oleg Deripaska They discussed partnership of Samruk-Energo [state-run power company of Kazakhstan] and RUSAL, the world's largest aluminium and alumina producer, at the Bogatyr coal mine in Kazakhstan.

11 June 2011

Kazakhstan and Russia to benefit from OPEC break-up Organization of Petroleum Exporting Countries OPEC is about to fall apart.

09 June 2011

BTA Bank won trade center in Moscow region in court Russian real estate development company RTM transferred the project of a trade center in Odintsovo to BTA Bank on the account of its debts.

08 June 2011

Russia temporarily provided orbital slot for KazSat-2 Kazakhstan and Russia signed a treaty on the use of an orbital slot for KazSat-2 satellite.

05 June 2011

One third of Russian citizens consider Kazakhstan the most Russia-friendly Russian citizens included Kazakhstan into the list of top 5 Russia-friendly countries.

04 June 2011

Air Astana launched new flights to Georgia and Russia Kazakhstan national air company Air Astana launched new flights Almaty-Tbilisi and Almaty-Samara on June 2.

03 June 2011

Rusagrotrans and Kaztemirtrans to establish a JV to jointly transport grain The JV with a capital of $90 million will be established on a parity basis. The railway car fleet will make up 10 000 railway cars.

01 June 2011

Timur Kulibayev to be considered candidate to the Board of Directors of Russia’s Gazprom The proposal is voiced. It has to be considered by Gazprom. I have given my consent. Thus, I will be looking forward to elections: Kulibayev

31 May 2011

Russia’s Sberbank outlines conditions to purchase BTA “Should Kazakhstan accept the conditions, the deal will be closed”, Sberbank Chief Executive German Gref.

30 May 2011

KazSat-2 communications satellite to be sent to Baikonur May 30 It was to supplement the KazSat 1 satellite, but will now replace Kazsat 1 due to the complete loss of the first satellite.

29 May 2011

Kazakhstan’s Prime Minister Karim Massimov meets Russian Minister of Industry and Trade Viktor Khristenko The sides discussed prospects of the bilateral trade and economic cooperation between the two nations.

25 May 2011

Russia supports Marchenko as candidate to head IMF Official Moscow supports the candidacy of Gregory Marchenko to lead IMF: Aleksei Kudrin.

23 May 2011

Over 400 Russian enterprises registered in Kazakhstan for the last few months A positive result of the Customs Union is growth of Russian direct investments by 0.5%: . Zhanar Aitzhanova, Minister for Economic Integration.

23 May 2011

Kazakhstan ahead of Russia in Competitiveness Rankings According to Swiss business-school, Kazakhstan is ranked 36th in the 2011 World Competitiveness Rankings, while Russia is 49th.

19 May 2011

Kazakhstan has bright prospects within the Customs Union: Sberbank Chief Executive German Gref One of the major tasks of the Government is to help maintain the competition, he believes.

18 May 2011

CU to effect share of Russian franchises in Kazakhstan The share of Russian franchises in the Kazakh market will significantly increase amid intensification of interaction in the Customs Union.

17 May 2011

Issues over KPO may take longer than planned: LUKOIL President Vagit Alekperov Kazakhstan has a number of requirements to be considered by the consortium. There are mutual commitments (…) the negotiations process is constructive: Mr. Alekperov.

17 May 2011

Gas prices may raise in Kazakhstan by 2015 Significant raise of gas prices is possible in several regions of Kazakhstan by 2015: Timur Kulibayev.

17 May 2011

Investment climate in Kazakhstan favors long-term projects: LUKOIL President Vagit Alekperov We are among the first investors to inject their money to this country. The Company is involved in a total of 9 projects. Investments make up $6 billion: Mr. Alekperov.

17 May 2011

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